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EURNZD | RISING WEDGE

Euro / Dolar New Zealand (OANDA:EURNZD)  
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OANDA:EURNZD   Euro / Dolar New Zealand
Trend Analysis Harmonic Patterns Chart Patterns EURNZD eurnzdshort eurnzdlong eurnzdanalysis eurnzdforecast editorspick
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trendanalysis harmonicpatterns chartpattern eurnzd eurnzdshort eurnzdlong eurnzdanalysis eurnzdforecast editorspick
EURNZD has been trading in rising wedge (bearish pattern). Currently price is approaching to the support of the wedge.

We are expecting a rise from here as multiple confluence point reside there. We have EMA100 and fib 38.2% level and trendline support.

However, break below from fib level will be all over for bulls and trend will be bearish.
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